8, WEYBRIDGE CLOSE, WEST HALLAM, ILKESTON, DE7 6NL - £279,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WEYBRIDGE CLOSE is a midsized extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £284,241. It was last sold for £279,950 in October 2022, which was around 11% below the average October 2022 detached price in the Erewash local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

8 WEYBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 8 WEYBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 8 WEYBRIDGE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 24 OCT	£279,950	£314,187	11% below HPI
2013 12 FEB	£162,500	£170,549	5% below HPI

8 WEYBRIDGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 8 WEYBRIDGE CLOSE sales from February 2013 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 WEYBRIDGE CLOSE be worth now?

8 WEYBRIDGE CLOSE might now be worth an estimated £284,241.

This is based on house price inflation of 1.5%, between October 2022 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 8 WEYBRIDGE CLOSE of £279,950 on 24th October 2022. For the value to have increased from £279,950 to £284,241 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 WEYBRIDGE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2022 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 8 WEYBRIDGE CLOSE has not materially changed since October 2022.

How Large is 8 WEYBRIDGE CLOSE?

8 WEYBRIDGE CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 8 WEYBRIDGE CLOSE lies on this distribution: 46% of detached houses houses are smaller than 8 WEYBRIDGE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

8 WEYBRIDGE CLOSE: Plot and Title Map

8 WEYBRIDGE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 WEYBRIDGE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 WEYBRIDGE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 WEYBRIDGE CLOSE?

8 WEYBRIDGE CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 8 on WEYBRIDGE CLOSE.